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    1653 Merriman Rd Akron, OH 44313

    Sponsored
    For Lease
    $12 SF/Yr ($3,103 /Mo)

    Prime Akron office space, multiple suites available.

    Lot size:
    3,103 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Akron office property, the Riverparke Building, offers a variety of suite options to suit your business needs. Located at 1653 Merriman Rd, Akron, OH 44313, this 3,103 square foot building sits on a 1.13-acre lot and is zoned U-3 Retail Business. Currently, all 3,103 square feet are vacant and available for lease. Four suites are available, ranging from 525 to 1,328 contiguous square feet. Suite 101, a 977 square foot first-floor suite, is located at the building's front entrance and features several offices. Suite 207, a 703 square foot second-floor suite, offers an open area and two private offices. Two additional lower-level suites are undergoing renovations and will be ready for occupancy soon. One lower-level suite measures 1,032 square feet, and the other (LL3) is 1,250 square feet

    Property Features for 1653 Merriman Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,103 SF
    Total Rate
    3103

    Unit(s) available at that property

    Space
    LL3
    Size
    1,250 SF
    Rate per SF
    $12
    Space
    101
    Size
    977 SF
    Rate per SF
    $15
    Space
    Lower Level
    Size
    1,032 SF
    Rate per SF
    $12
    Space
    207
    Size
    703 SF
    Rate per SF
    $15

    HighLights

    • U‑3 Retail Business zoning.
    • 3,103 square feet available for lease, with suites ranging from 525 to 1,328 square feet.
    • Full‑service lease rate: $12.00/SF/YR.
    • 1.13‑acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Wides Legal Group, ... Law Firm Tru Barre Studio Physical Fitness Program 330TIX Association / Organization CED Process Minerals Store McDaniel Law Corp. Attorney

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.5491067
    Latitude
    41.1338622

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Akron office space, multiple suites available.
    Where is this office property / space located?
    The property is located at 1653 Merriman Rd Akron, OH.
    What is the lease rate?
    The lease rate is $12-$15 SF/Yr.
    What are key features of this property?
    This property features: U-3 Retail Business zoning.; 3,103 square feet available for lease, with suites ranging from 525 to 1,328 square feet.; Full-service lease rate: $12.00/SF/YR.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1653 Merriman Rd Akron, OH 44313
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